Tianqi Lithium Corp Class A

002466: XSHE (CHN)
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Tianqi Earnings: Results Missed; Prolonged Margin Pressure Amid Falling Lithium Price

Tianqi reported a small net loss for the second quarter, which was mainly attributable to the decline in lithium compounds prices and a drop in gross margin. The company booked a 74% quarter-on-quarter decline in equity income from Sociedad Quimica Y Minera De Chile SA.

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